Bitcoin's recent price recovery is hindered by weak demand from U.S. buyers, as shown by a negative Coinbase premium index. While global selling pressure is easing, overall demand remains negative, limiting Bitcoin's ability to sustain strong gains. The price faces a key resistance at $79,200; surpassing this level could lead to higher prices, but failure may result in a decline toward $76,000. A sustained return of U.S. and global buying is crucial for a stronger recovery.
Bitcoin's struggle to gain traction among U.S. buyers contrasts with its performance on Pluang, where it trades at Rp1.457.151.391 as of Nov 05, 2026 12:21 WIB. The platform shows a positive 1-day change of 3.89% and a buying interest of 69%, indicating stronger demand from Pluang users. Typical hold time on Pluang is 113 days, suggesting a patient investor base despite global uncertainties.
Bitcoin surged over 5% from an election-night low of around $75,600 to reclaim the $80,000 level, its highest since Binance’s hack. This recovery came despite political shifts in the US Congress, showing market confidence in Bitcoin's resilience and ...
Crypto commentator Virtual Bacon suggests XRP's price may have bottomed near $1, revising his downside target to $1.10 from $1.20. However, he warns that XRP tokens linked to the Binance hack could enter the market, adding selling pressure since thes...
Bitcoin surged nearly 5% to surpass $80,000 amid a broad crypto market recovery. The DePIN sector led gains with a 5.79% rise, while Ether climbed over 7% to above $2,400. Other sectors like RWA, Layer 2, and PayFi also posted notable increases, sign...
The recent Democratic sweep of both houses in Congress has increased political certainty but has not strengthened Bitcoin's market fundamentals. Retail sentiment has turned bearish, with Bitcoin's price struggling to recover above $77,000 amid weak b...
XRP saw the largest 24-hour increase in open interest at 4.56% among five major crypto perpetual futures, including Bitcoin, Ether, Solana, and Dogecoin. All assets had a positive funding rate of 0.0100% per eight-hour period, favoring short position...
